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A Rural Algarve Cottage Set Amongst Orange Groves
Silves, Faro, Portugal, 8375-045
REF: 626631
€365,000
Description
A charming, three bedroomed rural cottage located on a large plot with orange groves. Completely renovated whilst retaining original features. Close to Messines and within 25 minutes of the coast. A fine example of a single storey rural cottage close to the thriving town of Messines with its mainline railway connection and easy access to the motorway network.
Situated on a large and fertile plot, with abundant orange groves and private water storage, this individual home feels connected to nature whilst having everything close at hand including a popular café / restaurant a few steps away!
Completely renovated throughout including a modern kitchen with stainless steel cooking range, this home is sympathetic to its historic architectural style, yet offering every modern convenience including two lovely bathrooms, one of which is ensuite from the principal bedroom. The house has three bedrooms, and a large lounge with a separate dining area.
Outside, there is plenty of space for relaxation, including a cane and beam covered dining terrace, a further seating area, space for sun loungers and gravelled parking for several cars.
We think this property would ideally suit a permanent resident but may also be suitable for a rural tourism holiday rental when AL licensed.
A charming, three bedroomed rural cottage located on a large plot with orange groves. Completely renovated whilst retaining original features. Close to Messines and within 25 minutes of the coast. A fine example of a single storey rural cottage close to the thriving town of Messines with its mainline railway connection and easy access to the motorway network.
Situated on a large and fertile plot, with abundant orange groves and private water storage, this individual home feels connected to nature whilst having everything close at hand including a popular café / restaurant a few steps away!
Completely renovated throughout including a modern kitchen with stainless steel cooking range, this home is sympathetic to its historic architectural style, yet offering every modern convenience including two lovely bathrooms, one of which is ensuite from the principal bedroom. The house has three bedrooms, and a large lounge with a separate dining area.
Outside, there is plenty of space for relaxation, including a cane and beam covered dining terrace, a further seating area, space for sun loungers and gravelled parking for several cars.
We think this property would ideally suit a permanent resident but may also be suitable for a rural tourism holiday rental when AL licensed.
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Currency Exchange
Silves, Faro, Portugal, 8375-045
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €365,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €365,000 | £310,502 | £319,532 | £9,030 |
| Property Price € | €365,000 |
| Minimum cost in the last six months | £310,502 |
| Maximum cost in the last six months | £319,532 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,030 |
Silves, Faro, Portugal, 8375-045
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €365,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €365,000 | £310,502 | £319,532 | £9,030 |
| Property Price € | €365,000 |
| Minimum cost in the last six months | £310,502 |
| Maximum cost in the last six months | £319,532 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £9,030 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £9,030 more.
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